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maritime self-defense force, a euphemism for the japanese navy. it was at a time when the island was leading on cnn and bbc. i thought as i was sitting between two them there's an opportunity for a canadian to do something extraordinary from an naval diplomatic perspective and put this thing to bed. [laughter] >> how did that go? >> not too well, not too well. [laughter] which is my point. i spoke with the chinese admirals interpreter. i spoke with admiral commander in english, a great conversation. but never was the bridge build or even considered. and i think one of the key issues here, with respect to china as they emerge, as a real leading nation is the ability to build bridges, to communicate to build strategic trust and cooperation, to enable every forum, the east asian summit, asian, and others, all bilateral come multilateral relationships in order to keep the volume as well as possible spent last year i had the privilege of interviewing henry kissinger about his book on china. in their there's a chat about strategic trust. i said i can ask kissinger if you still kissinge
recently this week in working through a large and complex defense authorization bill that will keep our nation safer and more secure in these perilous times. it will take more of this kind of cooperation and consensus building to address the very real and substantial challenges facing our nation today. that is why i'm deeply concerned about a proposal floated recently by some members of the majority regarding the rules of the senate. they propose to change the nearly 100-year-old senate rule that requires a two-thirds majority to change the operating rules of the senate. our colleagues in the majority are proposing to use a simple majority vote to make the change. that's the issue here. the issue is the manner in which they plan to do it. once the precedent of changing a rule with a simple majority vote is established, 51 senators could change the rules to suit their own convenience. in other words, they want to break the rules in order to change the rules. that would be a big mistake. that would be, as the majority leader himself said in his own book, the death of the senate. votes tha
, a defensive flair to detour antirebel runners, but that epitomizes the fear of which the serian people now live. rebel forces taking the flight to the assad regime inside the capital with a deadly explosion in the arab red crescent building outside the city. >> it's very clear the regime forces are being grounded down and that they are losing. >> in seeking to squash the uprising, he killed 40,000 people. president obama's top aids feel the fighting takes on a more gruesome character. >> we remain very concerned, very concern that as the opposition advances, in particular on damascus, that the regime might very well consider the use of chemical weapons. >> senior u.s. officials confirmed to fox news that syria have fully mixed an unknown quantitity of the deadly nerve agent loading it on to breakable canisters, an aerosol form to be dropped from above. in dublin, secretary of state clinton met with the russian foreign minister whose regime steadfastly defended syrias, but that changed as the russian leader, close to putin said, quote, we have shared and do share the opinion that the existi
that the defensive missiles could be in place on the turk yishg syrian border in just weeks. in the meantime, the news out of syria from the opposition, 123 more people have been killed across syria so far just today. we're only midday. apparently 30 of them children in a refugee camp. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female
of seamless experience they deserve, then our job, secretary of veterans apairs and secretary of defense, we have to make it clear there's got to be good cooperation at all levels. this effort can want be about surf. it's got to be about serving our veterans. i'm very encouraged that the level of collaboration between the two departments, i believe, better than it's ever been in the past, yet, we have to reach much deeper into a level of collaboration that will meet needs of our veterans. we owe it to them to give them the tools they need to put their lives back together and pursue their goals whether it's getting a good education, best health care, or axeling in a new government, serving in government, or starting a business. as i said before, this is, in many ways, a national security issue. it goes to the heart of taking care of the people that fight for us, and ensuring that we can then recruit the very best force that's possible. part of that is making sure we maintain faith with our troops and with our families. we have to give them confidence that they have world class support systems
syria is loading chemical weapons on to aircraft, but defense secretary panetta said it appears the embattled assad regime is preparing to do just that. >> there is no question that we remain very concerned, very concerned that as the opposition advances, in particular on damascus, that the regime might very well consider the use of chemical weapons. >> reporter: monitoring of syrian basis like this one has pekd up evidence engineers have loaded the chemicals which combine to form the deadly nerve agent sarin, into bombs that could be dropped airplanes. satellites have seen trucks moving among want bunkers where the weapons and agents are believed to be stored. u.s. officials say the evidence is strong but circumstantial, not definitive. but that, combined with fighting ifighting in the suburbs of damascus, has led to fears of what the assad regime might do. we asked jeffrey white, a former analyst for the defense intelligence agency, what would happen if the rebels cut off damascus? >> it's the end of the regime. the regime can hang on for a while because it has troops in the c
brander discussed iran's nuclear program. from the foundations for defense of democracies, this is about an hour. >> good morning. it's a very interesting panel, so i want to get quickly to questions. publishers quickly set the stage. i don't need to tell anyone who's in this room about the deaths of the problem of human rights abuses in iran. i would just read very briefly from the report that the u.n. special rapporteur for iran files with the u.s. assembly september 20th 11 in the repertoire highlighted a pattern of systemic violations of human rights. iran has refused access to the united nations special rapporteur on human rights for for several years now. september 2011 the u.n. general submitted a report in which he said he was deeply troubled by reports of increased numbers of executions come amputations, arbitrary arrest and detention, unfair trials, torture and ill-treatment in a crackdown on human rights activists, lawyers, an opposition that exists. just to draw one prefix ample from the weeks news, there is actually a guess what qualifies in iran briefly is good news, a well
weapons are the red line on syria. i also want to play something that defense secretary leon panetta had to say in reaction to the reports about the preparation of chemical weapons. let play that and talk about what diplomatic options are left. >> the president of the united states made very clear that there will be consequences. there will be conconsequences if the assad regime makes a terrible mistake by using these chemical weapons on their own people. i'm not going to speculate or comment on what those potential consequences would be. >> well, the obvious question is, ambassador, what could those potential consequences be? what are our options that remain? >> well, first that is a direct warning by the united states government what you just heard, to the syrian government. so that is now on record. obviously it depends how this unfolds. there's no inev viability that e syrian government will choose to use chemical wellens, if they do, there will be pressure on the united states, turkey, collection of coalition of countries intervene to stop the use of chemical weapons. if, chris, in
using chemical weapons, the defense secretary on notice. >>> a toxic cloud of gas blankets the sky in a popular city. >>> metro making another change to the silver line, they say because of safety concerns. >>> there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs. each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. >>> defense secretary leon panetta said the united states remains very concerned that syria's president, bashar assad, may use chemical weapons. syria, of course, in the midst of a violent civil war, speaking at a conference today panetta said if chemical weapons are used, there will be consequences. >> the president has made very clear that the assad regime ought not
was recently turned over to the defense. zimmerman claims he shot martin in self-defense. >>> flu season is under way and it could be a bad one. suspected flu cases jumped last week and this year's strain is making people sicker than others. now, here's the good news. this year's vaccine is well-matched to the virus and should take care of 90% of the flu cases. >>> a rare positive side effect to hurricane sandy, the auto industry reports that cars have been flying off the lots. mandy drur ree is here with what is moving your car sales. >> car sales rose 15%. you were saying it. we had to see a lot of replacement of cars and trucks damaged in the hurricane. but at the end of the day it's contributed to the industry's best monthly sales rate in four years. for example, chrysler continued an amazing year with november sales up about 14.4%. all in all, if you put it all together, it totals exceeding most forecasts and hopefully also back up some of the forecasts that the revival of the industry could continue into next year as well. if november was a good month, this month has the potential
the context of what turkey asked nato for, the patriot missile defense system, you have nato member countries who are now essentially saying through their partly i wants, yes, we are going to help you militarily defend yourself. the big question, however, is are other countries bringing up the possible threat of chemical weapons coming from syria as a way of laying the ground work for another kind of not intervention, but a assistance to rebel groups. you have a lot of strategic talk that's being publicly sort of expressed out there that could be laying the ground work for strategic help for rebel groups. also for russia and iran and china and other countries that support the assad regime to perhaps distance themselves a little bit from the syrian president. we have all those reasons that are coming -- that are like the pieces of the puzzle. you make it out. is the threat of chemical weapons being used against the syrians an imminent threat? you have a lot of opinions out there that that's not the case right now. >> good balanced approach. we like that. a lot of people just kind of beating th
that we double defense, a tree today whole new category of spending called homeland security, went to war twice totally on a credit card, created a brand new entitlement medicare part d, and we have the aging of a population that means the entitlement programs that have been wonderfully successful, those of us were willing to say we need to entitlement reform, not because medicare and social security have not been successful, they have been, and consequently, all we are living a lot longer, which is good, but it does mean the math -- when i was a kid, 16 people were working paying for everyone retiree, now is 3 to 1, and in a decade will be 2 to 1, means we have to make adjustments. the math deniers around that i have a hard time grappling with. >the sense in-bowles -- simpson- bowles gang had $2.40 -- $ 2. tralee4 in in revenue. if we think we need to go bigger, which i do believe -- $1.6 trillion is still only 1/3 of what we had in the revenue line in the 90's. in my memory, the american economy did pretty darn well. i do think there are ways to get there. on entitlements, i find we hav
cuts and entitlements or at least reform there. hasn't heard as much from defense. you are from a state that relies on that defense budget. it will get cut substantially. where does defense end up if we do get a deal? >> everybody wants to avoid sequestration. lots of my friends in the defense industry say don't do sequestration. do simpson-bowles indicating they have not read simpson-bowles because it was almost as high as sequestration in the top number. the numbers are roughly within the budget control act over ten years about $480 billion of defense cuts. sequestration almost doubles that. i think you'll see something north of 480 billion. substantially lower than that 950. what folks in defense industry have said is in addition to giving us a number, give us the ability to plan. one of the things that hobbles our defense industry more than anything is the absurd way we have run the federal government on three and six-month continuing resolutions. give us a window to plan and any legitimate business can plan against the budget. give us that number. >> some see that debt limit contro
the gays. >> no. >> this whole concept of using a weapon for self-defense is rooted in the teaching of christ. >> what? >> so we have a legal principal that is rooted in the teaching of christ. it's hard to get much more legitimate than that. >> how many people did jesus kill. >> stephanie: i don't remember jesus talking about the guns so much karl. >> i do. remember when he said father forgive them for they know not what they do but they will have to pry this weapon out of my cold dead hands. >> stephanie: right. >> why else would you wear a robe if you weren't concealing. >> stephanie: all right then. now [ inaudible ]. >> we have a huge problem in america that sharia is now being brought into our legal system. the muslim brotherhood is absolutely incredible. we're becoming a marxist nation. and everything we're doing is right out of the marxist play book. go back and read the communist manifesto if you don't believe me. and then look at what we have done in america. >> stephanie: i need some light reading on the plane on the way to washington so i think i'll
be in for a bit of a bumpy ride. as such, there's an opportunity to be defensive. look for some of those lower beta strategies. look for the defense sectors. >> in the meantime, it is pretty clear the markets are anticipating we're not going to go over this cliff, isn't it? >> yeah, they sure are. i'm surprised to see the level of optimism that congress is going to come to some resolution here. i think it's scary there's no plan "b." i kind of have three ideas of my own. the first one is let's get real, folks. if everybody on wall street thinks something is going to happen, there's a good possibility the opposite is going to happen. to me, i think it's a good time to maybe take a little money off the table, go to a little cash. the second thing is, when this market -- if we go into january without a deal, we could see a market drop on a level of what happened in 2008 when we failed to come to a t.a.r.p. agreement. 30% the market lost. >> that was a 700-point selloff. >> just like that. >> so joe, what do you think about that? i know you're saying, look, don't freak out, stay calm, assess the s
was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight -- i've said this a few times -- republicans better be careful. they're not going down your road and the democrats aren't going down your road. you have middle class tax cuts for the democrats and it sometimes sounds to me as an old reagan conservative that the republicans better watch themselves because sometimes it sounds like they are kind of defending rich people. that's their whole mantra, just defending rich people. and i think that's not where they should be. >> i would agree. if i were politically advising the republicans, which i'm certainly not, i think tom colts was right from oklahoma. they ought to get out of the way. there wouldn't be as much deficit redu
and will be appointing members to a carbons committee to work on an agreement with the senate on defense programs next year. eric cantor says the house will be in session monday, december 17 to deal with the fiscal cliff. live coverage of the house here on c-span. the senate returns on monday at 2:00 p.m. eastern to consideration of a bill that would extend the fdic transaction guarantee program that provides unlimited deposit coverage for non-interest bearing account. the senate will consider the nomination of the assistant secretary of housing and urban development. tomorrow, we will talk about the latest news about the so-called fiscal cliff negotiations with a former congressional budget office director. then a look at the lobbying going on in washington. later, a look at developments in syria and the response from the international community. "washington journal" here on c- span. this week, we will have the vermont governor and new chairman of the democratic governors' association, who will talk about the fiscal cliff and laying the groundwork for the 2013 and 2014 elections. lives on sunday at 1
go here as we go down the list, reducing military spending, reducing non-defense spending. all of that is negative. a slight positive on reducing non-defense spending for republicans. but then you take these last three. raising the retirement age, raising income taxes for everybody, raising medicare for spending. net negative for all three political factions. democrats, republicans, and independents. one thing you'll notice here quickly is that the red here, reducing military spending debt, is the most net negative for the republicans. even more negative than raisings taxes on all people. >> you know, i look at that. if i'm understanding it correctly, my initial reaction is, are americans just in a fantasy land over medicare spending? you can't get there unless you reduce medicare spending. >> i think that may be true. i think when we talk about leadership and political leadership taking risks, i think one of the things people have to do is politicians step forward and say, okay, here's the benefit and here's the cost. if weaver get there, we can start to poll that and ask peop
't look for economic growth to pick up. be on the defensive side and you will be amply toward it. >> which is why people are sitting on their money right now. you are saying the fed is still there. you have the aftereffects of superstorm sandy, accommodative policy by the fed and you think that spurs growth in the u.s. how strong will it be? >> first thing, we have grown 2.5% in the last four quarters. and i think we will go up to 3% growth next year. i think there is some fiscal tightening but that is nothing new. we are getting rapid money growth and record-low mortgage rates, drop in gas prices, drop in the dollar, lower inflation boosting income and it's working because we are getting more parts of the economy gearing. a year ago we had no bank lending and now we have a full year of it. in addition to that, i think next year's profile will be much more impacted by what happens in the emerging world if they pick up again than what is going on in washington. >> i would differ significantly in terms of where we are headed and the recommendation for investors. first, this is the slowest re
and then next year? >> for the next month, i have defensively positioned. what's worked in an environment where the fed is monetizing debt is stocks with bond like characteristics. it looks most like the bond market so that's what we're in. >> defensive stocks? >> yeah. utilities, health care and there is a portion of the market we would like to buy. the capital spending sensitive part, which has been the weakest bit. enterprise tack and industrial. but only on a correction that forces the politicians into what we describe as a good deal. >> so you don't do any of that now? >> no. for me, the market is in the wrong place given the massive deceleration and earnings we've seen and it's unlikely to change very much next year. and so this persistent fed making it more and more difficult to manage fixed income portfolios is probably going to affect that part of the stock market and keep a bid to it. but the more cyclical parts, i don't see them getting out of their own way for some time. >> did you already tell us you like small caps? >> wall street is now recommending the lowest equity allocation i
but others believe we won't get spending cuts that we need. more will take place in defense which many argue does need to happen perhaps though not in the same way it does. we shall see. what's today's date? the fourth now. we're not too far. people say the 18th. we need to at least see something for the 21st. >> they're going on vacation with legislation. is that right? should they be able to take off? >> we should sequester their vacation. >> a great tweet this morning, jim. if you had a big project due at work, would you be going on vacation a week from tomorrow? >> let's say our bosses said we need you to finish this by year end. pal, man, i got a trip to st. bartz. what would they say? they would say stay down there. i don't like one of the defensive line guys that gets fired by the eagles. does he get to fly back from texas? we would fire these guys where they are, when they are on vacation. no. they get to take vacation without finishing their project. >> a couple good poll numbers out today. abc/"the washington post" if we went off people would blame gop by two to one margin and then
in taxes, defense budget cut. host of tax insettives disappearing? does that make you optimistic? i think you sound like an idiot if you're optimistic. if i were a ceo who reports after the cliff jump, i would say i'm thinking about lay off people because of lack of demand. because the despite the more rosy progosticators who are surfacing, there's too much data that shows we will go into a recession from the sudden and worrisome bout of washington-administered austerity. bad guidance equals lower prices. second, while there are many the ones that receive the least attention might be the worst of. the possibility that 30 million americans will be thrown into this alternative minimum tax scheme. i don't pay it but boy, i don't like it the amt is an arcane tax, unlike payroll tax with holding won't be visible to those it has ensnare ed until t end of the year. it could cause the average taxpayer to pay an additional $3,000 when they least expect it. talk ba nightmare. finally i'm worried about the possibility that the new austerity becomes a permanent austerity. simply because the president
] >> thank you everybody. it may not look like it, we are voting on the defense authorize age built. my job is to get from here to there before they close it and senator udall will follow me and give you a more proper talk. let me first say welcome to the rest of the colorado delegation and welcome to everyone who is here from colorado and welcome to washington, d.c., for this great night. all i want to say is thank you. there are people back in colorado who made it possible from officials working on the white river national forest to our native american friends and congressman tipton mentioned, to ben nighthorse campbell, who drove this truck across the country in a mack truck. those who are familiar or not familiar with a mack truck don't think it will fit, but he made it happen. when it came to denver, my kids' first question was, dad, why can't you drive that truck? so thank you for that, senator campbell. and i want to say a profound thank you to speaker boehner and for the architect of the capitol who organized this event. this was a ton of work for a lot of people in our state. we ar
of medical school, to the moment they declared the department of defense, after the shooting, this was work place violence. to see this latest installment now is just one long line. it should remind us, all of it, of all of our problems with libya, and with the false stories of what that was about, the attempt to immerse us in political correctness as this court's decision did. >> what about the issue of his religious rights which is the essence of his claim here that in fact it violates his decision to shave his beard. >> let me tell you that some years ago, a rabbi was told he could not wear a yarmulkah on a base, and that went before the high court and still, that court was reversed which had given him permission. no, you cannot wear, against army regulations, anything like that. >> so, this is going overboard. >> overboard indeed. >> to appease in essence, a political correctness about the muslim faith? >> this is civilian judges on this court. no, these are not army judges who made this decision. >> yes, that's correct, and this is the thing that no one dare speak its name, the same lo
don't ever think that it's wise to keep your mouth shut because i think truth is a defense. and it's unfortunate if in fact the case he has been punished either by the consumer or investors for that matter speaking out personally or politically. but here's the reality of the battlefield. nothing's changed post-election as opposed to pre-election. the, uncertainty of the tax situation, the fiscal cliff that everyone is tired of hearing about frankly. the overburdensome regulatory environment that we're in is depressing growth, particularly for small business. and i think that's a primary distinction here as we talk about business itself because all business is not created equal. and the president's jobs council who has some wonderful folks, some friends of mind on it, wholly inefficient in my view because there is no representation from small business on that jobs council. melissa: catherine, let me ask you, what i look what happened with the case in darden, it seems like what happened to a bunch of different companies, my take at the end of the day, for sure they're not going to hi
just on tax increases at that point. >> and he says you get defense cuts. >> you can't get defense cuts any other way. and he's not the only one. there's a lot of people on the left and there's quite a few people on the right. i'm glad you're optimistic and a lot of ceos and guys in your position -- if you run a company, you don't need consumers petrified and business people petrified. this is the last thing we need if you run a company. i understand you have a horse in the game. >> but you also have the double trigger. if you go over the cliff, we've got the debt ceiling fight right afterwards. it's not like that's six months down the line. that's in if first month, six weeks of the new year. >> the other thing, depending on where you stand, the idea that we just get rid of congressional approval of the debt ceiling at all, which is that ludicrous proposal that was in the president's plan. that's not -- and would you really want that? would you really want not having any more oversight over whether we keep raising the debt? >> but there's also a compromise that's potentially there on t
liked it -- when i.t.t. was all together, we liked the itt's defense business and we liked this company. but you know what? sir, i've not looked at it either since the spinoff. we owe you to look at that and we will. i've been telling people that clean harbors is the way to play. i'm looking at xylem. they pick these things, hey, whatever, they've got the naming guys, i would have called it itt cleanup. anyway, we're going to look at it for you. don't let economic worries jade you. mexico's economy is thriving, it just doesn't get talked about. and i think kansas city southern is the way to benefit. >> all aboard! >> it's the nafta railroad except for it doesn't take away our jobs. don't move, "lightning round's" coming. >>> keep up with cramer all day long. follow @jimcramer on twitter and tweet your questions #madtweets. welcome to chevy's year-end event. so, the 5.3-liter v-8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer power? [ laughing ] [ stops laughing ] [ male announcer ] chevy's giving more. this holiday season, trade up to get the 2012 chevy si
cuts to defense companies. you do not want to miss this confrontation. ricans are alwayso work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> pretty clear apple stock is having its worst week in more than two years. let's get to bertha coombs with the details. >> tough end of the week ear. it's apple's horrible, awful week. today's decline saw shares hit a real technical weak point, the so-called death cross. that's where the 50-day moving average, the top line in yellow, crossed below the orange line. that's the 200-day moving average. according to the spoke investment group, the last time that happened in september 2008, shares didn't bottom until january of 2009. it kept crossing that technical weak point. apple is on track for its wor
's the list. >> oh, stop. >> in defense of the texting masses, i think it is brilliant. we're able to talk to each other a lot more than we used to be able to. we can tell people when we're going to be late, when we're going to be early. >> i agree with that! >> it's better than talking! it's communicating. >> it's better than talking? >> i agree with that. but people don't even look up anymore. they're always down like this. >> the average 15-year-old sends 195 texts a week. >> just look up every once in a while if you text or you're going to hurt yourself. >>> disney's new fantasyland, the largest expansion in the magic kingdom's 41-year history opens this week with new interactive rides and attractions inspired by the animated classics but also like "the little mermaid" and beauty and the beast." john carney, your little ones are going to love it. >> i have never been to a disney theme park in my entire life. >> are you kidding snee. >> never in my life. i asked my mother, what, did we hate disney? she says you guys just weren't that into it. i don't know if i'll ever go to one. >> you
years from now. ibm doesn't do it, google doesn't do it. the department of defense doesn't do it, not even life insurance companies do it. the reason they don't make bets on the distant future is because it is unknowable. anyway. he closes by saying there is a big difference between making a congressional budget and fundamental changes as complex as social security and medicare. the life-span of a congressional budget is two years max because no congress can combine. so when you hear we have to do it now stat or we're doomed, take it for the snake that is. we posted that on stephanie miller facebook. >> listen to lloyd blankfein for financial advice. trust me. you don't need to look at the numbers. >> stephanie: we just can't afford to give you your money back that you paid in through your entire life. we can't do it. we would like to -- exactly. >> you need to die. >> stephanie: bill in pittsburgh. >> caller: hello stephanie. great show. >> stephanie: thank you. >> caller: i'm a lifelong democrat and additiona
to go down, a million layoffs in the defense industry. no one seems to care right now. it's bad. >> you know what we have going for us? the grid, december 17 announced -- on a seasonal basis, they have reiterated once again that it doesn't have the demand to be sold year round, but starting a week from monday. >> i don't buy that. i think they do it because whenever they have mcrib, they're just fighting traffic for mcrib. there are places in the world where the mcrib is on the menu all the time. in case you're there on your vacation. >> i'm learning here all the time. i'm always learning. >> switch from the bacon cheese-inator. [ bell rings ] . >> celebrating the ground breaking of hotels in new york. we'll be speaking to the ceo in this hour. >> whitehorse is an interesting story. >> white house, delayed over at the nasdaq, the new york stock exchange puts out a release reiterating 16 companies have announced or moved to the big board so for this year. you're starting to wonder who would go public on the nasdaq. >> still waiting for the night capital resolution, knight had taken a rea
. when the president talked about cutting spending, when they talk about defense spending what happens? they attack him. for the entire campaign all we heard about was how obama wanted to cut medicare. so which is it? i it he cut too much or he doesn't cut anything? and where is there offer? if they say they are the party of cutting spending stop talking about the democrats, make an offer. >> mitch mcconnell is out there every single day saying these are the entitlement changes that i think make sense and would get us to a deal. raising the retirement age, dealing with change the inflation formula so the programs aren't spending so much out over time. if president obama is interested in reforming entitlements which he says he is but he never specifies what it would be. all he has to do is call up mitch mcconnell and say i think these are good ideas, let's sit down and they would happen. republicans would take those immediately. >> that's how you think republicans should lead, they should wait for a call from the president? not go on tv but make an actual offer? >> specific changes on e
are the same three vying for the heisman trophy this weekend. manti te'o is the first defensive winner since 1980. heisman is handed out saturday night in new york city. in the running, collin klein, johnny ma johnny manziel and manti te'o. >> coming up, it's jobs friday. people know that. so that means time for predictions from our guest hosts. but first, the world's largest cut stone on display. called the dom pedro gem. more than a foot tall. weighs nearly five pounds. [ penélope ] i found the best cafe in the world. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on grounipping at fedex office. made a retirement plan,
spending is the most unacceptable thing for republicans. moving along, reducing non-defense spending and come down to the least acceptable thing for everybody involved is reducing medicare spending. you want to know how to fix the fiscal cliff? you have to raise taxes on those 250 above and cap deductions and a cap in deductions on everybody loon looks to be marginally acceptable. we'll have a chance to talk about that chart later but i hear you have some interesting guests on this issue coming up. >> we're talking about that chart and will catch you up later. also the joint economic committee will hold a hearing on the fiscal cliff. can congress come up with a compromise before the looming deadline? senator robert casey and jec vice chairman tom brady joins us from texas. thank you for being here. you have a lot of things happening behind the scenes. senator casey, i know you have said what we're watching is a lot of drama and probably taking our eye off the ball in terms of what's happening. can you tell us if there's progress being made behind the scenes? >> i think there's a litt
, at least under the fiscal cliff we have some mandatory cutting, albeit disproportionately to defense spending but it's better than accepting obama's terms crammed down our throat. boehner needs to paint obama as the one who is holding the country hostage. he wants to talk about holding the middle class hostage? no it's him holding the entire country hostage and our kids hostage, with his krin call refuse ool to enter the entitlement reform game. >> wow, he is really bad. >> stephanie: yeah i can see why he didn't get the radio show. >> sheky. >> stephanie: that was so merrill osmond. >> merrill was kind of the leader. >> stephanie: i dove donnie. steve doocy. >> europe is great because they have wonderful food and runny cheeses, but we shouldn't base our policies on theirs because they are stinkers. >> we should base it on singapore where they have no unemployment, and they have a competitive market. that protects workers. >> stephanie: we should be like singapore? >> oh my god. holy crap. he is a bigger idiot than i thought. he is not even trying to hide what
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